Uttar Pradesh Avas Evam Vikas Parishad's residential flats scheme Moradabad Majhola Yojana is a well-planned residential project with infrastructure development, public utility services, metalled roads, water supply, storm water drainage, etc.
Uttar Pradesh Housing and Development Board – Salient Features of Majhola Moradabad Flats Scheme
Moradabad (Uttar Pradesh, India), April 28, 2018
The Uttar Pradesh Avas Evam Vikas Parishad (UPAVP) has launched a new residential flats scheme (UPAVP Scheme Code Majhola Yojna No. 4, Part 2) under Majhola Yojana in Moradabad on Tuesday, March 20, 2018.
Uttar Pradesh Avas Evam Vikas Parishad Moradabad Majhola PMAY Flats Scheme: Salient Features
1. In UPAVP Moradabad Majhola PMAY flats scheme (UPAVP Majhola Yojana No. 4), the Uttar Pradesh Housing and Development Board has offered total 288 built-up multistoried (Ground Floor + 3 Storey) residential flats for allotment to the applicants through a lottery draw of lots.
2. In UPAVP Moradabad Majhola Yojana No. 4 PMAY-U residential flats scheme, the Uttar Pradesh Avas Evam Vikas Parishad has offered residential flats consisting of 34.07 square meters super area and 22.77 square meters carpet area for allotment to the various categories of applicants.
3. Each of the dwelling units in UPAVP Moradabad Majhola Yojana No. 4 PMAY residential flats scheme will comprises of two bedrooms, a kitchen, store space, a bathroom, a toilet and a balcony.
4. The Uttar Pradesh Avas Evam Vikas Parishad has already acquired the land on which the residential flats of UPAVP Moradabad Majhola PMAY flats scheme have been developed.
5. In UPAVP Moradabad Majhola Yojana, the Uttar Pradesh Housing and Development Board has offered the residential flats at an allotment rate of Rs. 4.50 Lakhs for a 2 BHK flat.
6. In UPAVP Moradabad Majhola flats Scheme, the applicants will get a financial assistance of Rs. 250,000 on the cost of each dwelling unit under Pradhan Mantri Awas Yojana – Urban (PMAY-U), a Government of India credit linked subsidy scheme for Housing for All.
7. After a subsidy of Rs. 250,000 under the Pradhan Mantri Awas Yojana – Urban (PMAY-U), the effective buying cost of each flat in UPAVP Moradabad Majhola Yojana will be only Rs. 200,000.
8. For the residential flats in UPAVP Moradabad Majhola PMAY Yojana, an applicant has to pay an earnest money (initial deposit) of Rs. 25,000 as registration money with the application form.
9. On being allotted a residential flat in the UPAVP Moradabad Majhola PMAY residential scheme, the balance amount of Rs. 175,000 is to be paid in 5 years in 60 EMIs (Equated Monthly Installments) with an interest of 9.50% per annum.
10. The dwelling units being offered under UPAVP Moradabad Majhola Yojana No. 4 PMAY scheme are from a well-planned residential project with state of the art infrastructure and facility of a gated complex for a secured and relaxed community living.
11. The UPAVP Moradabad Majhola PMAY flats scheme will have a provision of adequate space for all modern amenities such as quality infrastructure and public utility services such as community centre, children park, shopping centre, etc. within the Majhola Yojna residential complex.
12. The residential flats in UPAVP Moradabad Majhola Yojana will have provision of facilities such as filtered water supply, metalled roads, storm water drainage with rainwater harvesting, underground sewerage system, and underground electrical line.
13. Allotment of a residential flat in UPAVP Moradabad Majhola Yojna will be subject to fulfillment of certain terms and conditions.
14. The last date for submission of application forms for UPAVP Moradabad Majhola PMAY flats scheme is on Saturday, May 05, 2018.
15. Uttar Pradesh Avas Evam Vikas Parishad will announce result of the lottery draw of lots for Moradabad Majhola Aawasiya Yojana before November 05, 2018.
Location Plan and Map of the UPAVP Moradabad Majhola PMAY Residential Flats Scheme
Uttar Pradesh Housing and Development Board’s UPAVP Moradabad Majhola Yojana No. 4 PMAY residential flats scheme is located in Sector-16A in Majhola Yojna No. 4, Part 2, Moradabad.
UPAVP Moradabad Majhola PMAY Flats Scheme – Investments Prospects
Uttar Pradesh Housing and Development Board’s Moradabad Majhola PMAY residential flats scheme offers a very good investment opportunity for the genuine homebuyers and long-term realty investors.
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